New Constructs

David Trainer, CEO of investment research firm New Constructs, argues that Tesla’s stock is significantly overvalued, estimating its worth at just $26 per share, which is roughly a tenth of the EV giant's Thursday closing price. Shares of Tesla Inc. (NASDAQ:TSLA) plunged over 9% following...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was giving up some of its January gains on Monday ahead of a critical Federal Open Market Committee interest rate decision at 2 p.m. ET on Wednesday. Market Expectations: The bond market is pricing in 98.1% chance of a 0.25% hike and a 1.9% chance of...

New Constructs CEO David Trainer added Atlassian Corp (NASDAQ: TEAM) and Okta Inc (NASDAQ: OKTA) to his Zombie Stock list. Atlassian shares are down 63.1% and Okta shares are down 71.1% year-to-date, but Trainer said this week both stocks may still have more pain ahead. Atlassian Struggling:...

Wayfair Inc (NYSE: W) shares are once again back below $40 and are now down more than 85% in the last 12 months. New Constructs CEO David Trainer has added Wayfair to his Zombie Stock list, and Trainer said this week Wayfair investors may still have more pain ahead. Trainer's Wayfair Call:...

Robinhood Markets Inc (NASDAQ: HOOD) shares are once again back below $10 and are now down more than 75% from their $38 IPO price in July 2021. New Constructs CEO David Trainer wanted investors to stay away from Robinhood even before its IPO was completed, and Trainer said this week Robinhood...

Meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) are having another moment, gaining 20% and 48.7% in the past month, respectively. New Constructs analyst David Trainer remains skeptical of the two stocks and said both AMC and GameStop's underlying...

While there’s no shortage of Wall Street analysts who will argue the bull case for stocks, there are just a few who are willing to put their reputations on the line and call out companies that will likely to end up in bankruptcy. The Man With The Vision: David Trainer, the...

In the first quarter of 2021, AMC Entertainment Holdings Inc (NYSE: AMC) became one of the most popular meme stock investments in the market. A year later, the movie theater chain's rebound from the pandemic hasn't gone as well as investors had hoped, and the company's latest decision...

One year has passed since the rise of “meme stocks” that included triple-digit increases in the prices of GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC). While both stocks have come down from peaks in 2021, there could be more room to fall, according to a...

After months of anticipation, shares of Robinhood Markets Inc. (NASDAQ: HOOD) began trading on Thursday after the popular trading app completed an IPO valuing the company at $32 billion. Robinhood's Volatile Start: Robinhood opened at $38 after pricing its IPO shares at $38, the low...

During the week of a highly anticipated IPO expected to value the company in the $35 billion range, Robinhood Markets Inc. (NASDAQ: HOOD) is facing yet another in a long string of controversies surrounding its trading app. What Happened? On Wednesday, Robinhood reported it has received...

Robinhood Markets Inc. (NASDAQ: HOOD) is expected to finally take the plunge and complete its highly anticipated IPO this week, but one expert says investors should take a very cautious approach to Robinhood. The Thesis: David Trainer, CEO of New Constructs, said Robinhood will be incredibly...

AMC Entertainment Holdings Inc (NYSE: AMC) held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session. Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop...

The CEOs of Reddit, Robinhood, Citadel Securities and Melvin Capital testified in front of the House Financial Services Committee on Thursday as part of a Congressional inquiry into extreme volatility in GameStop — and Robinhood’s decision to temporarily limit buying of so-called...

Benzinga, a leading news and data platform, in partnership with financial data and insights platform Envestnet | Yodlee, held the sixth annual Benzinga Global Fintech Awards Tuesday — a day of dealmaking, networking and recognition in the financial technology space.  See also:...